The green chamber has summoned the leadership of Diamond Bank Plc over the controversial sack of hundreds of workers.
The House of Representatives Committee on Public Petition wednesday summoned Diamond Bank Plc over the sacking of 300 staff.
It followed a petition by the aggrieved staff, which was earlier submitted by their Counsel, Stephen Ofagbor to the House.
The lawmakers had summoned the bank to appear before it to provide
explanation on the matter. The bank didn’t however turn up at the
meeting wednesday.
Essentially, the petition alleged that the “retrenchment was
unconstitutional, unlawful, illegal, unwarranted, null and void” and
called on the bank to reverse its decision.
Ofagbor said the affected staff have taken several steps towards
their reinstatement or payment of their terminal benefits, including a
demand letter from their solicitor, but all to no avail as the bank
rebuffed all overtures.
He added that the affected persons were not given the opportunity
to repay the loan as scheduled and are being charged interest on the
unpaid balance, which they would not be in a position to pay except they
are recalled or paid their redundancy benefits.
He said: “Each of the retrenched staff entitlement is based on
rank and number of years served and they have been seized of all the
particulars of each of them for purposes of computing their individual
entitlement.
“The action of Diamond bank has caused the affected persons
enormous hardship, psychological trauma, great embarrassment and above
all stigmatisation.”
He added that unless adequately redressed, the situation portends great risk to the bank employees and the industry in general.
Nevertheless, Chairman of the committee, Nkem Abonta, however
adjourned hearing toMay 7, 2017 to enable the committee further
communicate with Diamond bank.
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